THE SILVER BOOM.

Auckland Star, Volume L, Issue 126, 28 May 1919, Page 5

THE SILVER BOOM.

(Received 5.30 a.m.) ' LONDON,'May 1G (delayed). It is expected in the silver market that prices will remain somewhere about tbe present level, as the Indian Government, having raised the value of tho rupee to twenty pence, can purchase Silver without loss at about 4/5 § per oz. It is also likely that there will be a good Continental demand, as the coinage there was practically at a standstill during the war, and supplies for trade have been very small. — (A. and N.Z. Cable.)